How do you "harvest" your profits? - Page 2 - Crypto World - CryptoTalk.Org Jump to content
johant123

How do you "harvest" your profits?

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investing, it is almost always reinvestment, trading, and buying things for my business, I think it is the best thing that can be done with savings.

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When I have a profits, I usually following my target profit or target point, but on some events, if the market is in bullish condition then I will wait for a bit, as long as it's not below my target point I will wait before selling my trades. And once I have profits, I will reinvest the same capital that I use at first. So, the net profit will go to the wallet, and the rest would be for re-invest.

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I just collecting profits and trade with them also because my capital is small and in trading you should be a whale to earn alot so i just want to increase my capital

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I try to invest my profits into altcoins and move them away to my wallet as a long term investment (otherwise I keep on trading and using dice, which equals loss eventually).


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I harvest my profits every week, most of my earning or crypto just comes from the payment I received in yobit cryptotalk forum campaign, I always transfer my crypto to my wallet everyweek so that I can assure that my money is secured. 

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3 hours ago, Abdullah23 said:

Yell I am a terrible individual right now don't pull back my benefits but instead reuse them for exchanging and frequently lose them again I should discover an answer for this issue sooner

Yes, you must find a quick solution because this will help you to expand your capital more and will make your successful deals more than failed.

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On 1/5/2020 at 12:53 AM, johant123 said:

I was considering to take max. 50% out when I make a profit,

Great plan when you make profit, but crypto trading swings both ways, what is 50% profit today, maybe 50% loss tomorrow. So I dont think that is a great plan. The best idea, is play with the market, if you are a small trader, maybe buy during bear market and sell on bull run. That way you are safe from the market manipulation of whales.

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On 1/5/2020 at 2:23 AM, johant123 said:

When you make any profits, either in day trading, or in longer cycles, how much do you take out, and how much do you reinvest?

 

Currently I trade only with a small amount of my funds, and I leave the rest untouched. But I was thinking of a bit more systematical approach.

 

I was considering to take max. 50% out when I make a profit, and reinvest the rest. So if I make a profit of 10% (let's say $100), I take out 5% ($50) and the rest goes into my budget for buying crypto again (additional question then; with a limit order for the same price? or lower?)

 

To quickly summarize: what do you do with profits, and how do they contribute to your long term goal?

 

Note: I don't need any profits on my investments to enhance my regular income; it's extra money. That may make a difference in the strategy!

 

Thanks for your thoughts!

when investment is to see the liquidity of crypto will be the main spear to harvest large profits. then when trading see the best condition of the market even though it is small will be the spear of harvesting the biggest profits in my opinion.

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I’m new so I think I need to gain more and more knowledge to invest or harvest in crypto currency world. But I’ll think about it after making profit..

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I think this is probably the best method when we exchange our earnings otherwise there is no reason to do this hobby. significantly, while the marketplace is moving, I purchase and order a sale for double the fee. I take as a minimum 50% profit, even though I regularly take extra depending on my financial wishes. i'm usually awaiting a low charge to reinvest where i have sold.

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You will only be able to harvest the profit from the trading for closing the order while the coin is in high price or selling the cryptocurrency while you see that's it is in the high price you expected

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I keep my savings with me. The main thing is to take profits and get profit from the fact that you have trade on a cryptocurrency platform. 

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On 1/5/2020 at 1:23 AM, johant123 said:

When you make any profits, either in day trading, or in longer cycles, how much do you take out, and how much do you reinvest?

 

Currently I trade only with a small amount of my funds, and I leave the rest untouched. But I was thinking of a bit more systematical approach.

 

I was considering to take max. 50% out when I make a profit, and reinvest the rest. So if I make a profit of 10% (let's say $100), I take out 5% ($50) and the rest goes into my budget for buying crypto again (additional question then; with a limit order for the same price? or lower?)

 

To quickly summarize: what do you do with profits, and how do they contribute to your long term goal?

 

Note: I don't need any profits on my investments to enhance my regular income; it's extra money. That may make a difference in the strategy!

 

Thanks for your thoughts!

Actually I am not a full time trader. Also I don't invest on trading from my pocket. Because I know the risk of trading. That's why I always trade with new exchanger trading bonus. But I never got success.


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Personally, when I make profits, I withdraw 40% of my profits and I reinvest 60% of it. 
For example: if I made around 2000$ a month, I spend 800$ only, and 1200$ left to my trading account each month.

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Till now i don't started a investment. 

But my plan is in  future start investing. Now i don't have any knowledge about investing.

Now earning money from cryptotalk, I saved it.

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For me, I do investment and when I know that my investments get profitable I will pull out all of it even if I invested it days ago, because for me even if the profit that you get is low it is fine as long as I am earning money.

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Well the only way to do so here on crypto world is to just work as hard and be sure that you are doing the right thing , putting everything in the right place the work is to really define the good effort that we see the right ideas that we have to reall y put everything in perspective and the right effort that creates everything in the right place thats what we have to do in this world that kind of a thing

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All my gained profits is used again for investing and trading. So that i have higher chance of gaining more profits. The higher the investments,the higher the profits. And i continue doing that until i got big amount and pull out my investments and my profits is what i only played in trading.

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Raise your voice, I'm sure a nasty someone through this situation. I do in no way take away your business earnings but alternatively recycling these products for the purpose of fx trading and they sometimes remove these products ever again. I must consider a resolution for this disorder before.

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Its depends how much prices increase by bitcoin, because I have no enough money to invest in bitcoin, just some funds I invest but I see bitcoin prices is good to sell, then I immediately sell and warn profit i reinvested in litecoin, because I always invest some funds in litecoin,but my major investment in bitcoin.


 

   

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I have succeeded in my business by trading. This is the best I have ever had. It is also easier to trade long-term business success. Now if we hold on to a much better time to hold, we will get a lot of profit if the price goes up. Which is a lot of fun for all of us?

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Thanks for sharing. That's your way, but there are actually more people with more revenue and free or mining. It is important to work on plans and goals, and ensure your profits.

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This depend on my expenses ,some.time i do not take one cent from my daily earning but some times i take 80% from.my daily earning.But i always leave something for another day because we can't empty our wallet for trading.We have to pay fee again for deposit.Always make a plan to properly handle your trading account.

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Frankly, I never work in the investment field. I rely only on trading, as I trade some of the profits and I store others, including the high price, because I think I will achieve very good profits by storing money for a long time.


 

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